From Voanews.com: In India, the launch of a new share index of companies which meet the Islamic legal code has opened new investment opportunities for Muslims. India is a predominantly Hindu country, but it has one of the largest Muslim populations in the world.
India's stock market has grown rapidly in recent years. But trading in stocks has posed a problem for Muslims, because of restrictions imposed by Islamic law, which does not allow investment in companies that sell goods such as alcohol and tobacco, or those which charge interest...........................................Full Article: Source